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Bangkok Post
Bangkok Post
Business
WICHIT CHANTANUSORNSIRI

State enterprise revenue beats Q1 target

The Electricity Generating Authority of Thailand topped state enterprises sending revenue to the Finance Ministry in the first quarter of the fiscal year. (Post Today photo)

Revenue from state enterprises to state coffers in the first quarter of the fiscal year has outperformed the target set by the Finance Ministry.

State Enterprise Policy Office (Sepo) director-general Ekniti Nitithanprapas said on Tuesday the office had collected 43.31 billion baht from all state enterprises during the October-December period.

The revenue sending back to the state coffer was up 9.55 billion baht or 28% higher than the projection, the official added.

The Electricity Generating Authority of Thailand led all state enterprises in churning out revenue with 13.38 billion baht, followed by the Government Lottery Office (8.48 billion baht), Government Savings Bank (6.52 billion baht), the Provincial Electricity Authority (5.69 billion baht) and the Metropolitan Electricity Authority (2.51 billion baht)

Mr Ekniti hailed their financial performances for stabilising the fiscal position of the country.

His office estimates 137 billion baht of revenue from state enterprises will pour into state coffers in the current fiscal year.


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